Yeah & I managed a few funds over the years. I mentored the main partner of the more recent one. They use moderate leverage and employ a build by acquisition strategy with a big focus on operational improvements and upgrading of personnel when needed. Block & tackle.
I'm curious what approx size are the funds? Block and tackle unfortunately can turn into hail mary and in the real world there's nothing an investor can do about it . To me judging the guy/firm making the decisions as well as them making a major $ commitment was always the best way to stay out of trouble . Beach house is still the best investment !!!
Thats impressive- cash out or on paper. I assume you invested in other PE partnerships as well?
Yeah & I managed a few funds over the years. I mentored the main partner of the more recent one. They use moderate leverage and employ a build by acquisition strategy with a big focus on operational improvements and upgrading of personnel when needed. Block & tackle.
I'm curious what approx size are the funds? Block and tackle unfortunately can turn into hail mary and in the real world there's nothing an investor can do about it . To me judging the guy/firm making the decisions as well as them making a major $ commitment was always the best way to stay out of trouble . Beach house is still the best investment !!!